AsimMirza786

AsimMirza786

Is it pump & dump or what ? POC is just at 29.45 while current price is 70.80, hard to get any sense out of this.

AsimMirza786

I think, it's pretty evident that price likes the range of $80.00. as we can see in weekly, daily and 4 hourly charts. I think if we are holding then we should just simply hold on to it and wait for the price to touch $80.00 range. p.s: please note these are my own notes for my learning/ future reference, by no means trading advise to anyone. please do your own...

AsimMirza786

As it was noted that we should see higher value in this range and price not fall below 200 days moving average. I think now we should soon see price going up to 73.30. p.s: these are my own notes for future reference and by no means trading advise to anyone. please do your own research before entering into any trade.

AsimMirza786

i don't see major support if 67.70 support fails, in that case price would go all the way down to around $60.10. next considerable support zone are 67.50, 65 - 64 then 62 - 61. May be good strategy for long position is to buy in stages. stage 1: 67.70 zone stage 2: 65-64 zone stage 3: 62-61 zone. P.S: please note these are my personal notes for my future...

AsimMirza786

I think it would be a opportunity to buy at ~ $69.81. please note these are my own notes for future reference, by no means trading advise to anyone.

AsimMirza786

let's see how support line at ~71.66 supports the price, doesn't look very strong support line and with given COVID-19 second wave updates from VIC, NSW and QLD, let's how all these reflect on price for now it's all favouring the BEARS.

AsimMirza786

I think I can see Elliott Wave pattern but not sure how it's going to happen in current market situation. I think the trend is still upwards (which is great) but for next few days price will swing between support & resistance 72.300 and 74.50. since today's run was reasonably good after 5 days of price correction. I would be keeping an eye on tomorrow's market...

AsimMirza786

As I noted in my previous idea, that it's going to get support at 72.300, which it is getting at the moment. As it can seen in hourly chart. At this point it is still in upwards channel but it it falls below support level it can possibly fall below the up trend channel and come down below 72.00. with current market sentiment it's bit difficult to decide to make a...

AsimMirza786

looks like at the moment the price is between support and resistance. the overall trend is positive getting support from MA50&200 which is positive sign. I will wait for entry around 73.00 - 72.50, apparently looks like market is going to close around 73.500. these are my own notes, by no means advise to anyone. please do your own research before entering into...

AsimMirza786

Still in upwards trend.

AsimMirza786

just my own notes, by no means trading advice to anyone. please do your own research before entering into any trade. I think ASX:CBA shares are going to touch $74 soon.

AsimMirza786

i think for little BCH will continue to rise, may go around $270-$290 but it won't stay there for long and start falling back to around $200 - $220. it bit risky to enter into any trade given current market conditions. i think i will wait for trade to come to me at around $175 - $190 zone rather chasing it at $225 and above. these are my own notes, not a...

AsimMirza786

Looks like bears are taking control. For long term trade next good entry would be around $189-$180. i think as soon as market recovers it would easily touch $320-$340 nearly double. please note these are my own notes for my future refernce and by no means any tradnign advise for anyone to follow. please do your own research before entrying into any trade. if you...

AsimMirza786 Updated 

looks like price is moving upwards as it is getting support from 200 days moving average, but at this point in time, by looking at graph it can go either ways. i will wait for confirmation of trend for long-medium term holding i will enter at around $189-$180 and for short term to ride the wave i will make an entry at around $230. please note these are my personal...